Riverside Housing Market Report – June 2026
Here's a look at how the Riverside, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 276
- Median Sale Price: $640,000
- Average Sale Price: $676,077
- Average Price Per Sq Ft: $381
- Average Days on Market: 69
- Sale-to-List Price Ratio: 99.8%
Month-Over-Month Trends
Compared to May, the median sale price in Riverside moved 3.0% down (from $659,500 to $640,000). The number of homes sold was 12.2% up compared to the prior month (246 vs. 276). Average days on market shifted 20.7% down (87 days to 69 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 3.0% down (from $660,000 to $640,000). Sales volume is 14.5% up year-over-year.
What This Means
Riverside's housing market is showing some interesting contradictions this June. While sales volume jumped 12 percent month-over-month and 14.5 percent year-over-year, these gains likely reflect improved data collection rather than a genuine market surge—previous months had incomplete reporting. The real story lies elsewhere: median prices are down 3 percent both monthly and annually, settling at $640,000, while homes are selling faster and closer to asking price. The 20.7 percent drop in days on market from 87 to 69 days suggests stronger buyer interest, and that near-perfect 99.8 percent sale-to-list ratio indicates homes are moving at reasonable valuations without excessive negotiation.
This appears to be a balanced market gaining momentum as summer peaks. Lower prices combined with faster sales could reflect seasonal factors, as more families search for homes during school breaks. However, the underlying inventory situation tells a cautionary tale: nearly 1,000 active listings sit at a median asking price of $664,495, averaging 94 days on market. That cushion of supply suggests the market isn't tight, and sellers may need realistic pricing expectations. For buyers, June presents decent timing—prices are edging down while selection remains robust.
Riverside Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92503 | 63 | $605,000 | $383 | 74 |
| 92506 | 50 | $727,450 | $404 | 64 |
| 92504 | 46 | $600,000 | $398 | 59 |
| 92508 | 40 | $754,500 | $352 | 70 |
| 92507 | 33 | $585,000 | $370 | 85 |
| 92505 | 29 | $665,000 | $365 | 71 |
| 92501 | 10 | $555,000 | $394 | 60 |
| 92509 | 5 | $606,050 | $296 | 79 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 224 | $675,000 | $401 |
| MOBILE | 14 | $149,950 | $122 |
| CONDOS | 13 | $390,000 | $358 |
| TOWNHOMES | 10 | $554,500 | $340 |
| CONDO | 5 | $470,000 | $332 |
| MULTI_FAMILY | 4 | $822,500 | N/A |
| LAND | 4 | $518,500 | N/A |
| OTHER | 2 | $790,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 2 |
| $100K - $199K | 11 |
| $200K - $299K | 8 |
| $300K - $399K | 7 |
| $400K - $499K | 21 |
| $500K - $749K | 150 |
| $750K+ | 77 |
Current Active Listings
As of this report, there are 966 active listings in Riverside with a median asking price of $664,495 and an average of 94 days on market.
Thinking About Selling Your Riverside Home?
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